– It’s more than finances. “A paper released last month by the National Bureau of Economic Research found that people living in high-foreclosure areas in New Jersey, Arizona, California and Florida were significantly more likely than those in less hard-hit neighborhoods to be hospitalized for conditions like diabetes, high blood pressure and heart failure.”

– “â€¦ requires mortgage servicers to show clear and complete documentation of a mortgage note’s ownership before foreclosing on a property and selling it. The law was passed during the last session of the Nevada Legislature.” Slowing things down delays market correction. Of course, proving ownership should have been addressed years ago.

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About Jim Duncan

I am a Realtor/Broker/Partner with Nest Realty in Charlottesville, Virginia. The goal of this site/blog remains unchanged in the nearly 10 years since its founding – to provide clear, coherent and unbiased analysis of the Charlottesville area real estate market.